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Redefining Boston Real Estate

4-8 Church St, Natick, MA

Natick Multi-Family    (login for more details)

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Unit Information

Pleased to present an exceptional opportunity for investors, builders, and developers: the chance to acquire a substantial portfolio on Natick’s Church Street. This portfolio is situated on a 0.68- acre lot, featuring five (5) parcels, seven (7) independent buildings with twenty-eight (28) condo units on Church St. In 2023, the portfolio generated a total income of about $300,000, underscoring its robust income potential. This rare real estate offering includes in-place income and future rental growth by renewing and leasing all units at full market rates.This property benefits from DM (downtown mix-use) zoning with lot coverage of 60% under current zoning bylaw, allowing for future development of approximately 60+ units, upon zoning approval, across commercial, residential, or mixed-use buildings. This presents a versatile investment opportunity with promising potential returns. Adjacent to Natick Town Hall and Natick Common, this property enjoys a prime central location.

Additional Details
Status: ACT
Type: Multi-Family, Duplex
Zip Code: 01760
Living Levels: 18
Parking
Parking: Other
Rooms and Dimensions
Total Units: 28
Total Floors: 18
Total Rooms: 18
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$9,950,000

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Luxury Residential Group

Luxury Residential Group

(617) 233-5800

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Content © 2024 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Dream Team of Dreamega International Realty LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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